ESG Today: Week in Review
This week in ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to...
UAE Launches $30 Billion Climate Action Fund
Launch partners include BlackRock, TPG, Brookfield The government of the UAE at the Dubai-hosted COP28 climate conference announced the launch of ALTÉRRA, a new...
EFRAG, GRI to Collaborate on Sustainability Reporting Standards Development, Training
The European Financial Reporting Advisory Group (EFRAG) and the Global Reporting Initiative (GRI) announced today a new cooperation agreement to deepen cooperation on sustainability...
HSBC, Standard Chartered, other Major Banks Exit SBTi
Several major banks, including HSBC and Standard Chartered, have chosen to exit the process of seeking Science Based Targets initiative (SBTi) validation of their...
Nasdaq Launches AI-Powered ESG Data Platform
Capital markets technology and exchange company Nasdaq announced today the launch of Nasdaq Sustainable Lens, a new AI-powered SaaS platform aimed at helping companies...
Carbon Storage Verification Tech Startup Yard Stick Raises $12 Million
Soil carbon measurement technology company Yard Stick PBC today announced it has raised $12 million at the close of its Series A funding round,...
Dow to Build $6.5 Billion Net Zero Chemical Plant in Canada
Chemicals and materials science giant Dow announced its decision to move forward on Fort Saskatchewan Path2Zero, a $6.5 billion project to build the world’s...
American Airlines Signs Carbon Removal Agreement with Cleantech Startup Graphyte
Carbon removal startup Graphyte today announced that American Airlines will be its inaugural customer, with the purchase of 10,000 tons of permanent carbon removal...
Companies Only Partly Ready for New IFRS Climate Reporting Standards: EY Survey
Companies globally are making progress with their climate disclosures, both in terms of the number of businesses reporting on climate-related factors and the quality...
Virgin Atlantic Completes First Ever 100% SAF-Powered Transatlantic Flight on Commercial Airliner
A consortium led by Virgin Atlantic announced the successful completion of Flight100, the first ever transatlantic flight by a commercial airline using 100% sustainable...